Christopher Rugaber
WaPo Item on Fed's Economic Downgrade Leaves Out Tepid Projected Growt
November 3rd, 2011 10:13 PM
At the Washington Post's "with Bloomberg" Business section, the self-described locale "Where Washington and Business Intersect," a Wednesday item by Neil Irwin ("Fed downgrades growth forecasts, sees high unemployment for years ahead") told us that "The Federal Reserve sharply downgraded its projections for the U.S. economy," but never cited any projected growth numbers. Seriously.
Having…
AP Laughably Argues Regulations Aren't Job-Killers, Because Companies
October 12th, 2011 1:55 AM
Somebody needed to give Calvin Woodward and Christopher Rugaber at the Associated Press Five-Hour Energy drinks or some other boost before Tuesday night's GOP debate. Their brains must have totally turned off late in the afternoon without re-engaging before they filed their late-evening post-debate report.
Behold how the AP pair "proved" that excessive government regulation doesn't kill jobs…
Despite 0.7% Average First-Half Growth, Press Not Questioning White Ho
September 1st, 2011 10:50 PM
Today, the White House's Office of Management and Budget published its Mid-Session Review (large PDF), an economic forecast projecting, among other things, that Gross Domestic Product (GDP) for calendar 2011 will be 1.7%. That doesn't sound like much (and it isn't), but to get there growth will have to almost triple its most recently reported level during the second half of the year. Second-…
AP Contends That Unemployment Claims Are 'Stabilizing,' Misses N.Y.-On
August 25th, 2011 8:48 PM
In his coverage of the Department of Labor's weekly report on unemployment claims this morning, the Associated Press's Christopher Rugaber, after noting how initial claims filed by Communications Workers of America members who are on strike against Verizon (more on that later) inflated this week's and last week's results, wrote that "excluding the work stoppage, layoffs appear to be stabilizing…
AP's Rugaber Discloses Specifics in States' Largest July Job Gains/Los
August 20th, 2011 10:52 AM
Establishment press reporters will insist from now until the cows come home that they play it straight. Their actions all too often belie their claims.
One such face-hitting example came yesterday in Associated Press reporter Chris Rugaber's coverage of the government's Regional and State Employment and Unemployment report. If it weren't already given away in this post's title, veteran media…
GDP Media Coverage, Part 3: AP Pair Pins Prime Blame on Gas Prices, Fi
July 30th, 2011 9:31 PM
The AP's coverage of the U.S. economy late Friday focused on high gas prices as the dominant, uh, driver of this year's anemic growth both visually and in its text.
As will be seen after the jump, the graphic at the AP's national site is of a gas price sign. The final sentence in the caption of the full-size version reads "High gas prices and scant income gains forced Americans to sharply…
GDP Media Coverage, Part 1: AP 'Somehow' Misses That the Economy Hasn
July 29th, 2011 1:36 PM
This morning, Christopher Rugaber's coverage of the news from Uncle Sam's Bureau of Economic Analysis about the growth in the nation's Gross Domestic Product (GDP) at the Associated Press appropriately characterized it as indicative of a "sharp slowdown" and "extremely bad" (via a quoted economist).
Today's report carried an advance estimate of second-quarter growth of an annualized 1.3%. As…
Press Celebrates Unemployment Claims Drop Below 400K, Ignores Track Re
July 28th, 2011 4:16 PM
Two "alert" emails hit my inbox this morning concerning the Department of Labor's just-released unemployment claims report.
The one I expected came from CNNMoney.com, which read: "Initial unemployment claims fall below 400,000 for the first time in more than 3 months, dropping 24,000 to 398,000 in latest week." The other one came from USAToday.com, which does not ordinarily issue alerts when…
Lowering the Bar: Reuters Sets 2.5% GDP Growth as Unemployment Rate-Lo
July 27th, 2011 1:24 PM
I guess at Reuters, when you see that an economy can't meet normal benchmarks for success, you simply lower them, and pretend that success will come anyway.
Over at the Associated Press a few weeks ago, in his write-up in the wake of the government's awful June employment report, Chris Rugaber correctly pegged the kind of economic growth it will take to get millions of currently unemployed…
AP's Rugaber Conveniently Fails to Note June Regression in Federal Fin
July 13th, 2011 11:51 PM
At the Associated Press, the task of reporting on the official results of Uncle Sam's June Monthly Treasury Statement fell to Christopher Rugaber instead Marty Crutsinger.
Next time, Chris, tell us what happened in the month you're covering instead of going almost exclusively with the federal government's year-to-date results.
If Rugaber had looked more closely at June, he would have had to…
AP Biz Writer on Good Stocks to Buy: 'One Good Bet: The Jobless Aren't
July 9th, 2011 8:46 PM
While Associated Press Economics writers like Christopher Rugaber and Paul Wiseman, as seen in a post this morning (at NewBusters; at BizzyBlog), talk of "baffled economists" and a job market that is "defying history," one AP writer, in discussing stocks which have done well in this economy, has revealed what employment prospects really are with quite un-baffling certainty from the point of…
AP: Economists, Analysts, and Experts Are 'Baffled,' 'Confounded' By J
July 9th, 2011 11:10 AM
If we are believe two late Friday afternoon dispatches from the Associated Press following the government's awful Employment Situation report earlier in the day, you would think that even a cadre of cops with the talent of Sherlock Holmes couldn't solve the mystery of the underperforming job market.
Economics Writers Christopher Rugaber and Paul Wiseman went with themes of "baffled economists…
Apparatchik Press: AP Vastly Exaggerates Modest to Non-Existent Improv
June 17th, 2011 11:49 AM
Thursday morning, initial weekly unemployment claims as reported by Uncle Sam's Department of Labor came in at a seasonally adjusted 414,000. It was 16,000 lower than the previous week's upwardly revised (as usual) number, but certainly no indicator in and of itself of meaningful improvement.
The housing industry data really wasn't any better. True, the seasonally adjusted figures from the…
In Unemployment Claims Report, AP's Rugaber Largely Cleans Up His Act
June 2nd, 2011 9:18 PM
Is AP reporter Christopher Rugaber taking yours truly's admonishments to heart? Either he is, or there were a number of odd coincidences in his reports today (early; later) on the small drop in initial unemployment claims (to 422,000, from an upwardly revised 428,000 the previous week) reported by the Department of Labor this morning.
Last week (at NewsBusters; at BizzyBlog), I criticized…